What Would a Deflationary Economy Look Like – TSP Rewind – Epi-322

This was a fantastic question that came in by email back in 2021 for my podcast but I thought it would be exceptional for a Miyagi Mornings. Here it is exactly as it came in from a long time listener named Dan. “How would a deflationary economy work? ` If our entire economy was based on a currency with a fixed supply like bitcoin, ` 1. What’s the velocity of money look like? 2. How is money lent particularly for large long-term lending. Houses, New Factories, etc. 3. How is economic growth effected/measured. 4. Wouldn’t % economic growth roughly translate … Continue reading →